La elección del sector laboral y los retornos a la educación en Guatemala
[Labour Sector Choice and the Returns to Education in Guatemala]
This paper estimates the returns to education in Guatemala, while attempting to account for self-employment and the presence of workers without monetary earnings in the economy, factors whose omission can potentially lead to sample selection bias. The analysis uses data from the Survey of Living Conditions (ENCOVI 2000) to obtain estimates of the rate of returns to different levels of schooling using a human capital earnings function. A multinomial logit model for sector choice is implemented to correct for selection bias as in Bourguignon, Fournier and Gurgand (2001). Non-linearities in the returns to education are strongly supported by the empirical results. It is found that OLS estimates which do not account for sector choice significantly overestimate the returns to primary and early secondary schooling, while underestimating the returns to late secondary education. The results also show lower rates of return in the self-employment sector and that workers who only complete primary or early secondary schooling have a higher probability of entering this sector.
|Date of creation:||2006|
|Date of revision:|
|Contact details of provider:|| Postal: |
Web page: http://mpra.ub.uni-muenchen.de
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Williams, Donald R., 2002. "Returns to education and experience in self-employment: Evidence from Germany," IRISS Working Paper Series 2002-04, IRISS at CEPS/INSTEAD.
- Dorothe Bonjour & Lynn F. Cherkas & Jonathan E. Haskel & Denise D. Hawkes & Tim D. Spector, 2003.
"Returns to Education: Evidence from U.K. Twins,"
American Economic Review,
American Economic Association, vol. 93(5), pages 1799-1812, December.
- Doroth� Bonjour & Lyn Cherkas & Jonathan Haskel & Denise Hawkes & Tim Spector, 2002. "Returns to Education: Evidence from UK Twins," Working Papers 453, Queen Mary University of London, School of Economics and Finance.
- Dorothe Bonjour & Lynn Cherkas & Jonathan Haskel & Denise Hawkes & Tim Spector, 2002. "Returns to Education: Evidence from UK Twins," CEE Discussion Papers 0022, Centre for the Economics of Education, LSE.
- Bonjour, Dorothe & Cherkas, Lynn & Haskel, Jonathan & Spector, Tim, 2002. "Returns to Education: Evidence from UK Twins," CEPR Discussion Papers 3354, C.E.P.R. Discussion Papers.
- Harry Anthony Patrinos, 1996. "Non-linearities in the returns to education: sheepskin effects or threshold levels of human capital?," Applied Economics Letters, Taylor & Francis Journals, vol. 3(3), pages 171-173.
- Jacob A. Mincer, 1974. "Introduction to "Schooling, Experience, and Earnings"," NBER Chapters, in: Schooling, Experience, and Earnings, pages 1-4 National Bureau of Economic Research, Inc.
- James J. Heckman & Lance J. Lochner & Petra E. Todd, 2003.
"Fifty Years of Mincer Earnings Regressions,"
NBER Working Papers
9732, National Bureau of Economic Research, Inc.
- Orley Ashenfelter & Alan Krueger, 1992.
"Estimates of the Economic Return to Schooling from a New Sample of Twins,"
683, Princeton University, Department of Economics, Industrial Relations Section..
- Ashenfelter, Orley & Krueger, Alan B, 1994. "Estimates of the Economic Returns to Schooling from a New Sample of Twins," American Economic Review, American Economic Association, vol. 84(5), pages 1157-73, December.
- Alan Krueger & Orley Ashenfelter, 1992. "Estimates of the Economic Return to Schooling from a New Sample of Twins," NBER Working Papers 4143, National Bureau of Economic Research, Inc.
- Psacharopoulos, George, 1996. "A reply to Bennell," World Development, Elsevier, vol. 24(1), pages 201-201, January.
- Loening, Josef L., 2005. "Effects of primary, secondary, and tertiary education on economic growth : evidence from Guatemala," Policy Research Working Paper Series 3610, The World Bank.
- David Card, 2000.
"Estimating the Return to Schooling: Progress on Some Persistent Econometric Problems,"
NBER Working Papers
7769, National Bureau of Economic Research, Inc.
- Card, David, 2001. "Estimating the Return to Schooling: Progress on Some Persistent Econometric Problems," Econometrica, Econometric Society, vol. 69(5), pages 1127-60, September.
- Chiswick, Barry R., 2003.
"Jacob Mincer, Experience and the Distribution of Earnings,"
IZA Discussion Papers
847, Institute for the Study of Labor (IZA).
- Barry Chiswick, 2003. "Jacob Mincer, Experience and the Distribution of Earnings," Review of Economics of the Household, Springer, vol. 1(4), pages 343-361, December.
- Heckman, James J, 1979.
"Sample Selection Bias as a Specification Error,"
Econometric Society, vol. 47(1), pages 153-61, January.
- Gaston, Noel & Tenjo, Jaime, 1992. "Educational Attainment and Earnings Determination in Colombia," Economic Development and Cultural Change, University of Chicago Press, vol. 41(1), pages 125-39, October.
- Tsung-Ping Chung, 2000. "The Returns to Education and Training: Evidence from the Malaysian Family Life Surveys," Studies in Economics 0007, School of Economics, University of Kent.
- Griliches, Zvi, 1977. "Estimating the Returns to Schooling: Some Econometric Problems," Econometrica, Econometric Society, vol. 45(1), pages 1-22, January.
- Bennell, Paul, 1996. "Rates of return to education: Does the conventional pattern prevail in sub-Saharan Africa?," World Development, Elsevier, vol. 24(1), pages 183-199, January.
- Jacob Mincer, 1958. "Investment in Human Capital and Personal Income Distribution," Journal of Political Economy, University of Chicago Press, vol. 66, pages 281.
- Jacob A. Mincer, 1974. "Schooling, Experience, and Earnings," NBER Books, National Bureau of Economic Research, Inc, number minc74-1, May.
- Lee, Lung-Fei, 1983. "Generalized Econometric Models with Selectivity," Econometrica, Econometric Society, vol. 51(2), pages 507-12, March.
When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:42756. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ekkehart Schlicht)
If references are entirely missing, you can add them using this form.